A Burnaby, B.C., senior lost more than $7.5 million through an elaborate, long-term cryptocurrency scam, according to police.
Mounties say a woman contacted them in December saying she had been the victim of fraud. She told police she received a text written in Chinese last spring by someone asking about her personal business history.
Over the span of several months, the fraudster worked to gain her trust, communicating with her by phone, text, email, and a chat app.
The fraudster convinced the victim to invest millions in cryptocurrency using an online trading app.
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The victim was able to check the balance of her investments through apps that